3. Management

Question 1

Management - what do we need to comply with?

Answer 1

LR - Companies with PREMIUM LISTING of shares must include in their annual financial report a comply or explain statement re: UKCGC. This provides investor confidence.

Question 2

Management - what are the requirements?

Answer 2

UKCGC Reqs = board, chair, audit commit, remuneration policies, appointments, notice/contract periods

Question 3

Management - secretary

Answer 3

Qualification requirements for secretary of public co (solicitor/barrister)
N.B. requirement for plc to have secretary = s. 271.